Housing in Montello, WI is a great investment. The median value of houses is currently $192,900, which is significantly lower than the US house median value of $338,100. Furthermore, the housing market in Montello has experienced a one year appreciation rate of 11.12%, which is higher than the US one year appreciation rate of 8.27%. This makes it an ideal location for those who are looking to invest in real estate as it offers great returns on investments.
The median home cost in Montello is $192,900. Home appreciation the last 10 years has been 71.7%. Home Appreciation in Montello is up 15.4%.
Average Age of Homes
- The median age of Montello real estate is 54 years old
The Rental Market in Montello
- Renters make up 30.1% of the Montello population
- 2.0% of houses and apartments in Montello, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.